Topics regarding layoffs at Wells Fargo & Co.

Topics regarding layoffs at Wells Fargo & Co.

Retirement Benefits versus Severance Benefits

Being laid off, I didn't have a choice, but I always wonder if it was a mistake to "hang on" by quietly quitting. I thought it might be helpful to discuss the benefits of "hanging on" and waiting to be laid off or retiring now, particularly for... — read more 

if you hate is so much why not leave?

I hear nothing but hatred and contempt for the company on tbj board as well as countless posts on all the abuses one takes in their roles. If things are so bad, why not leave? I would love to hear your reasons for sticking around? I get wanting to... — read more 

DEI Report

Just read through the DEI report. I appreciate them putting this out. Not surprising that 74% of US executives are white and 58% are male. Would be nice if they put avg salary by demographics to see how much more work we need to do as a company. — read more 

Can't get myself to leave

Does anybody else want to leave WFC but can't seem to find enough motivation to actually do it? I've been stuck like this for over a year.

FRTO i hate this place

I’m getting out of this pos company. FRTO and micro managing I work for…if I get a package before I find remote work even better. This company s*cks ba--s.

Chainsaw- july

July will be an interesting month. Hearing some chatter already. Remember your manager has to rank you on your mid year. Pretty sure forced ranking ! You know what leads to that !

Work hard for Scharf? No thank you.

Before Charlie - I was invested in the job, productive and a proud problem-solver. I felt part of a team, all working towards the same goal. It was not perfect, but there was a healthier balance between the good and the bad. Stumpf and Sloan... — read more 

Necessity is the mother of (re)invention

We must pivot and we are starting to. AI will speed office abandonments and CRE conversions. Adapt or perish. "Turning office buildings into apartments is how California eases the housing crisis"... — read more 

Just checked this board, yep WF is still TOXIC!!

I see nothing has changed with the culture! Tons of disgruntled employees, anger at management, lack of leadership and employee relations, typical corporate BS. Regulators in the government too lazy, gutless and incompetent to address it. WHAT A... — read more 

Why are they closing Fremont Building?

I don't understand the real reason for closing the Fremont building. Just because of the prediction that real estate prices are going down or probable recession soon?

FINALLY! Repurposing CRE

[Note: Fully realize AI will likely cripple CRE and jobs, so contributor is not only remote work. Either way, office space is dead.] https://www.businessinsider.com/chicago-plans-office-residential-conversion-affordable-housing-2023-6 ■ Chicago's... — read more 

Manager issue

on Friday I seen they had Nashville hot wings & drummies in the cafeteria but our manager told us s we had to stay and answer phone calls. What is the point of campus ameniti if we arent allowed to enjoy it Just another day on the plantation aint... — read more 

Mid-year ratings clown show in Coporate Risk

As a manager in Corp Risk, after our initial ratings calibration meeting, we were told to downgrade even more of our people to "inconsistently meets" even if they don't deserve it. The goal is 20% below "meets" this year. We've been given talking... — read more 

This sums up everything

Don't try to think you know what's going on here. The people who know what's going on here don't know what's going on here. The people who decide what's going on here don't know what's going on here. (Stolen from a comment in another thread, this... — read more 

A tale of Karma

Charlie twisted his ankle yesterday, falling off a curb in a failed attempt to avoid a recently laid off employee. The former employee kindly offered to help Charlie, asking if he needed a ride to urgent care. He pointed to his 2015 Toyota Corolla... — read more 

Intentionally phucking with employees

Never in my life have I worked some place that while rolling out a broken VDI implementation with features missing that are needed to do our jobs, now puts up an app on the screen covering up all our work that we are trying to get done and the work... — read more 

Mediocre

I think we can all agree that the bank has terrible leadership. I think we can all agree that the bank doesn’t take advantage of the skilled and experience staff that it has/had. Now let me tell you what we disagree about or don’t talk about on... — read more 

Frustrated and depressed

It’s been over 4 years where I came to Wells Fargo from Morgan Stanley. Over these years I have excelled at my job, done a lot for the firm and also had the ability to change roles and move between teams in the CIB group with the risk and controls... — read more 

No more WFH for Remote before pandemic

I was just informed that my status as permanent remote will be revoked in a couple months. I was pushed into remote work during the big "Workplace 2020" migration in 2018. This is not just me but the entire department. Also, remote workers who are... — read more 

Stop talking about WFC leadership

We don't have leaders. We have self-serving grifters who are doing all they can to stuff as much as possible into their own pockets before they leave. We shouldn't be rewarding them by calling them leaders. The fact is, WFC hasn't had true leadership... — read more 

Worthless HR

Please finish off HR. Get rid of all these worthless people. They pretend to care that you got axed. They call and tell you they want to help you find a job. Please send me your resume and I will help. False promises and no return phone calls or... — read more 

CEO Cage Fights

If Mark and Elon can do it, I think Charlie and Jamie should as well. https://www.theguardian.com/technology/2023/jun/22/mark-zuckerberg-elon-musk-cage-match Oh wait, Charlie doesn’t really watch much NFL football, “it’s too violent for his... — read more 

Principal engineer vs principal architect

What’s the difference between these two roles and who do they report to? Do lead and principal architects have any value in any organization these days as most are not hands on.

I hate RTO. But here’s how we can deal with it.

I know leadership is watching the site. So I want to let you know that until RTO is repealed - my colleagues and I have committed to doing the minimal work. We WON’T take early morning meetings. We WON’T help with offshoring or training India. We... — read more 

Town hall now

Another Corporate Credit Risk Townhall . Can’t wait to hear what Corporate bullsh-t we will get served up this time .

Can anyone confirm whether or not Charlie is “commuting frequently to San Francisco” as he claimed he would when hired??

“Scharf said he would continue to live in New York with his family and commute frequently to Wells Fargo's headquarters in San Francisco.” (I have heard he is not following through with most of his initial promises which secured him the job with... — read more 

Minimizing work is the best strategy.

Don’t work too hard. To people who take pride in the firm, stop it. Your skills are NOT transferable. You will get the same “meets” due to stack ranking. It’s just not worth it. Save your energy for building skills that can be taken elsewhere! — read more 

Open Ethics or HR case and getting displaced

Anyone had an open case (meaning you called and a case opened on your behalf) and got laid off while the case was still open?? WF has become a h3ll hole, peers are toxic, manager does nothing but bury head in the sand and it’s becoming unbearable. ... — read more 

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